One of the most popular questions we get from rental property owners is a good one: how long will it take me to find a tenant?

The speed with which you’re able to attract and place a highly qualified tenant has a direct impact on what you earn. You should have some idea of what kind of timeline you can expect in getting your Merced property rented.

Unfortunately, there’s no easy answer and it often depends on a number of things.

Vacancy Time is Seasonal

The Merced rental market is going to impact how long it takes to find a good tenant. Seasons have a lot of influence, too. A lot of tenants aren’t interested in moving during the winter when the weather isn’t great or over the holidays, which means that in November, December, and January, you’ll be looking at a longer vacancy time. In the summer, however, you can probably rent your property pretty quickly. Most tenants are hoping to be settled into a new home before the school year starts.

Location and Renting Your Home

Your location is also going to impact how quickly we can rent your home. This should come as no surprise; rental properties in a desirable neighborhood with good schools and proximity to shops, restaurants, and entertainment will always rent faster than homes that may be more remote.

In our experience, some locations will work better than others. We have rented homes within three days when the property is well-located. For other homes, it may take two months to find a tenant. It depends on where your property is and what tenants are looking for.

Pay Attention to Property Condition

Well-maintained homes will always rent faster than homes that are older, worn, and in need of repairs and updates. If you want to rent your home quickly, make sure it’s attractive to high quality tenants. The best renters will look for a home that’s clean and functional and an exterior that’s free of debris, weeds, and dirt.

Create curb appeal because those marketing photos and first impressions matter. When your home looks appealing, you’ll have an easier time attracting the attention of potential renters. Consider investing in minor upgrades and updates. Fresh paint and new floors will help you rent your property faster, as will new light fixtures and energy-efficient appliances.

Merced Rental Property Pricing

A correct and competitive rental price will also ensure your property rents as quickly as possible.

You want to be aggressive when you’re pricing your rental property because it makes no sense to leave money on the table. However, if you’re overpricing your home, you’ll find that it will take you longer to rent it.

Make sure you’re working with a Merced property management company that can accurately and profitably price your Merced rental home.

Whether you’re renting out a single-family home or multifamily units, it may take a few days or more than a month to rent your home. We can give you an estimate that’s more specific to your property when you contact us at River Drive Properties.

River Drive Properties provides effective and professional property management services in Merced and the surrounding areas including Fresno, Modesto, and Turlock. We have extensive experience with both single-family homes and multifamily properties.